Margetich Real Estate & Development

Fernley Townhomes Development

Project Overview

  • Location: NEC of Jenny’s Lane & Farm District Rd., Fernley, Nevada

  • Project Scope: 70-Unit Residential Townhome Community

  • Status: Pre-Selling / Ongoing Development

  • Minimum Investment: $500,000

Project Highlights & Timeline

  • Q4 2026: Tentative Map Approval targeted for November 2026.

  • Q3 2027: Full horizontal improvements and complete site buildout projected by August 31, 2027.

  • Q3 2027 – Q1 2028: Sales velocity projected at ~8.5 units/month starting September 15, 2027, with initial disbursements beginning January 15, 2028.